Technology Select Sector SPDR Fund (NYSEARCA:XLK) saw some unusual options trading activity on Friday. Stock investors purchased 10,834 call options on the company. This is an increase of approximately 272% compared to the typical volume of 2,912 call options.

Several institutional investors have recently added to or reduced their stakes in the company. Asset Planning Services Ltd. boosted its holdings in shares of Technology Select Sector SPDR Fund by 0.4% in the second quarter. Asset Planning Services Ltd. now owns 4,024 shares of the exchange traded fund’s stock valued at $220,000 after buying an additional 16 shares during the period. Adirondack Trust Co. boosted its holdings in shares of Technology Select Sector SPDR Fund by 1.0% in the second quarter. Adirondack Trust Co. now owns 5,595 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 55 shares during the period. Goelzer Investment Management Inc. boosted its holdings in shares of Technology Select Sector SPDR Fund by 0.8% in the second quarter. Goelzer Investment Management Inc. now owns 7,099 shares of the exchange traded fund’s stock valued at $388,000 after buying an additional 56 shares during the period. Fernwood Investment Management LLC boosted its holdings in shares of Technology Select Sector SPDR Fund by 1.4% in the second quarter. Fernwood Investment Management LLC now owns 5,736 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 80 shares during the period. Finally, YorkBridge Wealth Partners LLC boosted its holdings in shares of Technology Select Sector SPDR Fund by 3.2% in the second quarter. YorkBridge Wealth Partners LLC now owns 3,055 shares of the exchange traded fund’s stock valued at $166,000 after buying an additional 96 shares during the period.

Shares of Technology Select Sector SPDR Fund (NYSEARCA:XLK) opened at 59.95 on Monday. The firm’s 50 day moving average is $58.52 and its 200-day moving average is $56.23. Technology Select Sector SPDR Fund has a 52 week low of $45.80 and a 52 week high of $59.98.

The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a $0.2092 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.40%. The ex-dividend date was Friday, September 15th.

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About Technology Select Sector SPDR Fund

Sector SPDR Trust SBI Interest, formerly Technology Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Technology Select Sector of the S&P 500 Index (the Index). The Index includes companies primarily involved in industries, such as information technology (IT) consulting, semiconductor equipment and products, computers and peripherals, diversified telecommunication services and wireless telecommunication services.It utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index.

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